we have 2 offers for sec 1 15s 36e. one was for 1/5 ri, and one was for 1/4 ri, but we never accept less than 1/4. One was for $450 and one was for $750. We've found that it has never hurt us to not be in a hurry. the previous lease offers for eddy county started at $175, and ended up at $5000/nma. that's been the largest difference, but there have been several instances where we took our time and got several offers. let me know what happens with your royalty if you can.